Explain why is variable cost said to constant and fixed costs are said to fluctuate in relation
Fantastic news! We've Found the answer you've been seeking!
Question:
Explain why is variable cost said to constant and fixed costs are said to fluctuate in relation to production?
Expert Answer:
Answer rating: 100% (QA)
Unlike a fixed cost a variable cost is always fluctuating This cost rises as the production output l... View the full answer
Posted Date:
Students also viewed these business communication questions
-
Why are variable costs usually more relevant than fixed costs in short-term decision making?
-
Why can the distinction between fixed costs and variable costs be made in the short run? Classify the following as fixed or variable costs: advertising expenditures, fuel, interest on company-issued...
-
Explain how fixed manufacturing costs are treated under variable costing. How are fixed manufacturing costs treated under full costing?
-
The post-closing trial balances of two proprietorships on January 1, 2010, are presented below. Patrick and Samuelson decide to form a partnership, Pasa Company, with the following agreed upon...
-
Why is NPV valuation an appropriate tool to use in the evaluation of a merger target?
-
General Foundry's project crashing data are shown in Table 12.9. Crash this project to 13 weeks using CPM. What are the final times for each activity after crashing? TIME (WEEKS) COST (S) CRASH COST...
-
On September 11, 2004, Home Store sells a mower for $400 with a one-year warranty that covers parts. Warranty expense is estimated at 5% of sales. On July 24, 2005, the mower is brought in for...
-
The Superior Jump drive Company sells jump drives for $10 each. Manufacturing cost is $2.60 per jump drive; marketing costs are $2.40 per jump drive; and royalty payments are 20% of the selling...
-
Ameer Property Management purchased flooring list priced at $6,195, less series discounts of 8/15/10, with terms of 2/5-10 extra. If the invoice is paid within 15 days, find the amount paid. (3...
-
Ace Companys income statements for the three years 2012, 2011, and 2010 are given below (all amounts in $ millions): 1. Other income (expense) comprised the following: 2. In 2012, cost of goods sold...
-
Your company wants to purchase a rental complex that generated rental cash flows of $1,620,000 for the year ended yesterday. Rent increase is approximated at 1.10% per year forever. If the annual...
-
Tron Industries produces electronic equipment and uses backflush costing. There are no beginning inventories of raw materials or finished goods. See below for the following data related to the month:...
-
QUESTION 5 Hamimah Company produces and sells 'London Almond cookies' that are packed in a jar. Each jar comprises of 100 pieces of cookies. The following data is available for the month of October...
-
A project has an initial cost of $ 5 2 , 7 0 0 and a market value of $ 6 1 , 8 0 0 . What is the difference between these two values called?
-
Discussion Questions and Follow Up: (1) How would you decide what the appropriate bid/ask spread should be when you submit your pair orders? Should this be dynamic or static? (2) What are the...
-
Foreign Travel Services has net income of $ 4 8 , 4 0 0 , total assets of $ 2 1 9 , 0 0 0 , total equity of $ 1 5 4 , 8 0 0 , and total sales of $ 3 1 1 , 7 0 0 . What is the common - size percentage...
-
Current Attempt in Progress Contrast the effects of the three depreciation methods on (1) depreciation expense, (2) net income, (3) accumulated depreciation, and (4) carrying amount in each of the...
-
Given find the value of k. es 1 e kx dx = 1 4'
-
Name the various components of a measurement system.
-
Kemico Ltd manufactures a variety of chemicals which it supplies in bulk to industrial customers. Its factory at Gritborough employs 50 people, and its annual turnover in 1995 was 7.5M. During 1995,...
-
Define the term measurement.
Echoes Of Wisdom Navigating The Tapestry Of Knowledge 1st Edition - ISBN: 979-8857375549 - Free Book
Study smarter with the SolutionInn App